26,263 Shares in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Purchased by SteelPeak Wealth LLC

SteelPeak Wealth LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 26,263 shares of the company’s stock, valued at approximately $5,434,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Fortitude Family Office LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% in the 3rd quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock worth $25,000 after purchasing an additional 113 shares in the last quarter. Signaturefd LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 1,550.0% during the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after buying an additional 155 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in iShares MSCI USA Momentum Factor ETF by 1,880.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock worth $41,000 after acquiring an additional 188 shares in the last quarter. Capital Performance Advisors LLP purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF in the third quarter worth $43,000. Finally, AdvisorNet Financial Inc grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 51.4% in the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock worth $45,000 after acquiring an additional 74 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

MTUM opened at $216.29 on Wednesday. The firm has a market cap of $11.71 billion, a PE ratio of 18.53 and a beta of 1.10. The stock has a 50-day moving average price of $212.94 and a 200-day moving average price of $203.47. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60.

iShares MSCI USA Momentum Factor ETF Company Profile

The iShares MSCI USA Momentum Factor ETF (MTUM) is an exchange-traded fund that is based on the MSCI USA Momentum SR Variant index. The fund tracks an index of large- and mid-cap US equities, selected and weighted based on price appreciation over 6- and 12-month periods and low volatility over the past 3 years.